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Energy
Germany to Scrap Gas Storage Fee for Neighboring Countries
Germany is removing a fee it charged neighboring countries for accessing its natural gas reserves. This levy,…
EU agrees to quit energy investment treaty over climate concerns
The European Union (EU) has unanimously decided to withdraw from the Energy Charter Treaty (ECT), a move driven by…
TotalEnergies Snubs Nigeria Again, Invests $600 Million in Congo’s Oil…
French oil giant TotalEnergies has passed over Nigeria for a second time, opting to invest $600 million in the…
Electricity: Most DisCos are technically insolvent— NERC
During the 8th Africa Energy Market Place 2024 in Abuja, the Chairman of the Nigerian Electricity Regulatory…
GoSolr to enhance solar-generation capacity in South Africa
GoSolr, a South African company, plans to increase its solar-generation capacity to 500 megawatts in the next four…
Tariff increase to worsen economic instability — private sector
The Organised Private Sector (OPSN), composed of prominent Business Membership Organisations (BMOs), has raised…
FG Clarifies Recent Electricity Tariff Hike
The Nigerian government has explained that the recent increase in electricity tariffs mainly affects a small,…
FG begs electricity union to avoid strike
The Federal Government has urged members of the National Union of Electricity Employees (NUEE) not to go on strike…
FG targets 6,000 megawatts of electricity in 6 months
Nigeria's Minister of Power, Adebayo Adelabu, has provided assurance that the country is set to generate 6,000…
20hrs Supply: DisCos post 37 apologies to Band A customers In 1 week
Following the Nigerian Electricity Regulatory Commission's (NERC) recent increase in electricity tariffs for Band…
Government expects 1.5trn savings, more meters with electricity tariff hike
The Federal Government has announced that it expects to save a significant amount of money this year following the…
Tariff Hike: NSE seeks stiff sanctions for defaulting DISCOs
The Nigerian Society of Engineers (NSE) has urged for strict penalties on electricity distribution companies…
Testing begins on 700 megawatts zungeru hydroelectric power plant
The Federal Government has announced the commencement of testing on the 700 megawatts Zungeru Hydroelectric Power…
Power outages hit Abuja, Lagos, and Nasarawa communities
Several communities in Abuja, Lagos, and Nasarawa are currently experiencing power outages as a result of…
NERC announces tariff hike impacting over 1.9 million consumers
The Nigerian Electricity Regulatory Commission (NERC) has revealed that a total of 1,974,385 electricity consumers…
Electricity tariff hike looms as FG raises gas price
The Federal Government has announced an increase in the price of natural gas for power generation companies,…
Nigeria boosts power grid with new equipment
FGN Power Company, responsible for executing the Presidential Power Initiative (PPI) in Nigeria, has received 10…
Kaduna DisCo warns customers over unpaid bills
The management of Kaduna Electricity Distribution Company has clarified misconceptions surrounding the payment for…
Ghana’s Parliament Faces Power Cut Over Unpaid Debt
Ghana's state-run electricity provider, ECG, took the drastic step of briefly cutting off power to the parliament…
Power Outages Affect 14 Communities in Ogun State
Over 14 communities in Ogun State are grappling with power outages attributed to technical faults in power…
NNPC Adresses Concerns on Fuel Scarcity
The Nigerian National Petroleum Company Limited (NNPCL) has addressed concerns regarding long queues at filling…
BAT (Nigeria) Unveils Solar Panel System
Today, British American Tobacco (BAT) (Nigeria) Limited will inaugurate a 1.4MWP grid-tied solar panel system at…
Ghana Cabinet Withdraws 15% VAT on Electricity
The Ghanaian Cabinet has decided to retract the 15% Value Added Tax (VAT) on electricity in response to widespread…
FG Explores Green Hydrogen Opportunities for Cleaner Energy Transition
The Federal Government has embarked on exploring opportunities in green hydrogen as part of its efforts to…
NNPC Engages South Korea for Gas Projects
The Nigerian National Petroleum Company Limited (NNPCL) has initiated discussions with a South Korean consortium…
Nigeria Flares $1 Billion Worth of Natural Gas
BusinessDay's investigation revealed that Nigeria flared approximately $1 billion worth of natural gas last year,…
Weza Power to Revolutionize Electricity Distribution in Burundi
Announced at the Africa Climate Summit in Nairobi, a groundbreaking initiative will bring grid power to nearly 70%…
Shell Executive Notes Significant, Though High, Reduction in Global LNG Prices
Steve Hill, the Executive Vice President at Shell, acknowledged a significant but still historically high…
Shell Signs Letter of Intent for Floating Production Unit in U.S. Gulf of Mexico
Shell Offshore, a subsidiary of Shell, has entered into a letter of intent (LOI) with Seatrium Oil and Gas…
Ukraine and Russia Clash Over Black Sea Oil and Gas Platforms; Military Activity…
The UK Ministry of Defence has reported that Ukraine and Russia are engaged in a conflict over strategic oil and…